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Red flag: Paul Krugman is optimistic about the economy Liz Peek, Opinion Contributor © Getty Images Red flag: Paul Krugman is optimistic about the economy Paul Krugman, the left-wing economist who writes for the New York Times, is excited about the coming Biden Boom that will follow, he explains, the rollout of a COVID-19 vaccine. The Biden Boom, he probably forgot to note, that depends on the Trump vaccine. Given Krugman s record, his upbeat forecast is alarming. As many remember, he predicted in 2016 that the election of Donald Trump would usher in a global recession, with no end in sight. Oops.

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